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Bitzio, Inc. OTC Bulletin Board : BTZO Bitzio, Inc. August 22, 2011 09:20 ET Bitzio, Inc. Forms New Board of Directors New CFO Appointment Further Strengthens the Leadership Team SAN DIEGO, CALIFORNIA--(Marketwire - Aug. 22, 2011) - Bitzio, Inc. (OTCBB:BTZO) is pleased to announce the appointment of R.W. (Bob) Garnett, William Schonbrun and Amish Shah to its Board of Directors. These new directors collectively bring over 70 years of proven leadership experience in building and scaling companies for exponential growth. In addition, the Board is pleased to announce that Bob Garnett will also serve as Bitzio's Chief Financial Officer. A chartered accountant and Certified Corporate Director, Bob is a senior financial professional with over 40 years of executive management and Board experience. He has served as the CFO of a major public company with $700 million in revenue that grew through the acquisition of 100-150 companies each year, and restructured another public company with $400 million of revenue. He has served on the boards of seven public companies, and is currently the Vice Chair of the South Coast British Columbia Transit Authority (TransLink) and chairs the audit committee. Mr. Garnett currently serves on the board and is the audit chair of Great Panther Silver Limited, traded on the TSX and NYSE AMEX. Previously, Bob served as Chair and Vice Chair of Coast Capital Savings, a $12 billion financial institution. Bob is a graduate of the Institute of Corporate Directors and The Segal Graduate School of Business as a Certified Director (ICD.D). William Schonbrun has over 20 years of experience in technology, management consulting and marketing, and is currently the Executive Vice President of Global Client Development at Blast Radius. In addition to his Board appointment, Mr. Schonbrun will also act as Special Advisor to the CEO and has been instrumental in recruiting the management team, Board and helping set the vision for Bitzio. A

With the weakness of 0.2 per cent on MCX gold is trading below Rs 27,500. While silver slipped 0.3 per cent to Rs 38 640 break. Although nearly 1 per cent on MCX crude oil is trading at Rs 5070 with. While natural gas is trading at Rs 226.7 climbed 0.5 per cent.

Gold commodity recorded huge slump in the past week with the commodity losing near 1% to $1155 per ounce, marking is back to back losing streak as US dollar rose against major currencies. The USDX scended to a 12 year high topping the psychological 100 level. Persistent rising greenback makes a negative case for commodities denominated in the Dollar terms with gains coming due to speculation that the FED might talk about rate hike somewhere during the middle of 2015 in its meeting on March 17-18. In other developments Get MCX Calls here- http://mcxtips-stocktips.blogspot.in/2015/03/mcx-calls-for-today-buy-bullions-on.html